Auction Details:
Wednesday 3rd of December 6pm
Grafton District Services Club
*Building & Pest Inspection Reports Available Upon Request*
Perfectly positioned in the sought-after Dovedale area, 53-55 Fry Street offers an exceptional opportunity to secure an affordable duplex. Ideal for investors or buyers seeking dual income potential, this property combines practicality, space, and long-term value in a desirable residential pocket close to Grafton's CBD. Investment properties like this make a welcome addition or start to any portfolio. We have been provided clear instructions. We are selling.
Each unit features identical layouts including two generous bedrooms, both fitted with built-in robes, and a spacious bathroom to accommodate everyday living. The light-filled open plan kitchen, dining, and living area is perfect for relaxing or entertaining. Downstairs, both units boast a single lock-up garage along with a laundry and additional entertaining or storage space-a convenient extension that enhances the property's versatility. The exterior is equally impressive, with a fully colorbond-fenced backyard ensuring privacy, low maintenance, and a safe space for children or pets. The extension yard space offers ample room for shedding, extensions and further development (STCA). Please refer to the floorplan provided for an understanding of the layout.
With longer-term tenants already in place, this duplex represents a secure and immediate investment opportunity.
Notable features include:
- 1,058m2 (approx.) block
- 2 x 2-bedroom, 1-bathroom units
- 2 lock up garages
- Colorbond fenced backyards
- Long term tenants in place
- Combined Rent Return $650/week
- Combined Rental Appraisal of $800 - $840/week
Tenancy Details:
- Unit 53 - $325.00/week, Periodic Lease
- Unit 53 - Rental increase effective 06/12/2025 - $370.00/week
- Unit 55 - $325.00/week, Periodic Lease
- Unit 55 - Rental increase effective 06/12/2025 - $370.00/week
53 - 55 Fry Street, Grafton will be sold at auction on the 3rd of December, this affordable property in a sought after location is not to be missed. Contact The Jake Kroehnert Team from Ray White TKG on 0422 260 192 to declare your interest and to book your inspection.
Disclaimer: All information disclosed herein has been provided from sources we believe to be reliable however we cannot guarantee its accuracy. It is respectfully advised that interested parties carry out their own due diligence.
